Under the Burger King Crown Your Career Program, what are the requirements for a qualified individual employed by Burger King (or its affiliates) to purchase a restaurant?
Burger_King Franchise · 2025 FDDAnswer from 2025 FDD Document
Under the Crown Your Career Program, we are offering qualified individuals employed by us (or our affiliates) the opportunity to purchase one or more BURGER KING Restaurant(s) owned by us or our affiliate after the employee has worked at one or more of the Restaurant(s) for a specified period of time, usually 1-3 years. To take advantage of this opportunity, you must meet all of our requirements, including that you are employed by us (or our affiliate) at the time of the offer to purchase the Restaurant(s), you must also meet our financial requirements to purchase the Restaurant(s), the Restaurant(s) must meet certain performance requirements and you must have completed any training we require. We have no obligation to offer you a franchise, but if we do, you have no obligation to accept it. If you accept the offer, you will sign our current form of Asset Purchase Agreement, which will vary for the Restaurant(s) being purchased and may differ from the form attached to this disclosure document as Exhibit G3, and current form of Franchise Agreement along with the current form of Crown Your Career Program agreements, which may differ from the forms attached to this disclosure document, to purchase the BURGER KING Restaurant(s), obtain financing from us (if we offer it in our sole discretion), and lease or sublease the premises as we require. The current forms of Crown Your Career Franchise Agreement Addendum, Promissory Note, and Security Agreement, as of the issuance date of this disclosure document, are attached as Exhibits Z1 – Z4. In addition to other requirements that we may impose, you must own all of the equity interests of the franchise and you and your spouse or partner must sign a personal guarantee of your obligations under the Franchise Agreement and other agreements. We may modify or discontinue this program at any time.
If you are a new franchisee, you are required to participate in the "Fuel the Flame" Program. Your obligation to pay the advertising contribution with the Ad Fund "Fuel the Flame" program will be set forth in a "Fuel the Flame" Coinvestment Agreement in the form attached as Exhibit Y1.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 10–18)
What This Means (2025 FDD)
According to Burger King's 2025 Franchise Disclosure Document, the Crown Your Career Program offers employees of Burger King (or its affiliates) the chance to purchase one or more Burger King restaurants owned by the company or its affiliates. To qualify, an employee typically needs to have worked at a Burger King restaurant for a period of 1 to 3 years.
To take advantage of this opportunity, the employee must still be employed by Burger King (or an affiliate) at the time of the purchase offer. They must also meet Burger King's financial requirements for purchasing the restaurant and the restaurant itself must meet certain performance standards. Additionally, the employee must complete any required training programs specified by Burger King.
It's important to note that Burger King is not obligated to offer a franchise under this program, and the employee is not obligated to accept it if offered. If the offer is accepted, the employee will be required to sign Burger King's current Asset Purchase Agreement, Franchise Agreement, and Crown Your Career Program agreements, which may differ from the samples included in the FDD. The franchisee will also need to secure financing and lease or sublease the premises as required by Burger King. The franchisee must own all equity interests in the franchise, and both the franchisee and their spouse or partner must provide a personal guarantee for the obligations under the Franchise Agreement and other related agreements. Burger King retains the right to modify or discontinue the Crown Your Career Program at any time.
New franchisees are also required to participate in the "Fuel the Flame" Program and sign a "Fuel the Flame" Coinvestment Agreement.